TSSW: ($1.69 - $1.80) reports 2nd qtr earnings in the next two weeks. Alexa traffic numbers continue to show gains:
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Company's comments on financial outlook from prior reports encouraging as they come after the company reported record revenue and earnings in the first qtr:
The acquisition of DriversPlanet.com is another step in our aggressive multi-faceted plan to be the dominant resource on the Internet for device drivers and related information” said Jason Raza, president and chief executive officer of Touchstone Software Corporation. “With this acquisition, we anticipate a quick return on our investment and it allows us to continue to aggregate substantial Internet traffic within TouchStone’s network of web properties, boosting the overall visibility of DriverAgent and our brand.”
"The acquisition of PCDrivers.com will compliment and expand TouchStone's growing network of computer content related web sites and create additional revenue opportunities for TouchStone's DriverAgent on-line device driver update subscription service by exposing DriverAgent to a broader potential customer base," said Jason Raza, president and chief executive officer of TouchStone Software Corporation. "We anticipate a rapid return on our investment on the PCDrivers.com acquisition and will be rolling out new changes on the PCDrivers.com website over the next several weeks."
The purchase of 62nds Solutions Ltd. is expected to enable TouchStone to accelerate new product development and broaden TouchStone’s technology expertise. “We’re confident this acquisition will enable TouchStone to develop future technology to compliment current product offerings which will positively enhance the profitability of the company going forward,” stated Jason K. Raza, President and CEO.
"The acquisition of PCDrivers.com will compliment and expand TouchStone's growing network of computer content related web sites and create additional revenue opportunities for TouchStone's DriverAgent on-line device driver update subscription service by exposing DriverAgent to a broader potential customer base," said Jason Raza, president and chief executive officer of TouchStone Software Corporation. "We anticipate a rapid return on our investment on the PCDrivers.com acquisition and will be rolling out new changes on the PCDrivers.com website over the next several weeks."
The purchase of 62nds Solutions Ltd. is expected to enable TouchStone to accelerate new product development and broaden TouchStone’s technology expertise. “We’re confident this acquisition will enable TouchStone to develop future technology to compliment current product offerings which will positively enhance the profitability of the company going forward,” stated Jason K. Raza, President and CEO.
TouchStone Software Corporation (OTC BB: TSSW) today announced that it has acquired a suite of Windows® based tools that enables a user to enhance and maintain a PC. These tools include a utility to monitor and maintain the Windows® registry, a hard drive cleanup utility and a utility to modify and maintain the Windows® startup process. TouchStone’s extensive technical knowledge and experience in the PC BIOS area and its fast growing Internet based device driver update subscription service, Driver Agent, will enable TouchStone to quickly expand its product offerings, tap new sources of revenue and positively compliment its existing business.
The acquired suite of Windows® based tools include: Registry Cleaner-Clean, repair and monitor the Windows® registry Hard Drive Cleanup-Gets rid of all the unused clutter on a hard drive using proprietary technology Startup Maintenance-Cleans up the PC by finding, identifying and managing known and hidden programs that run automatically at startup using a special proprietary four step process The acquired technology enables TouchStone to expand its reach into the rapidly growing PC maintenance and support market by providing a suite of utilities to manage critical operating system functions, organize data on a hard drive and optimize the performance of a PC from boot up and while the PC is in operation. With this newly acquired technology, TouchStone plans to leverage its existing sales channels, including TouchStone’s vast network of Internet properties and engineering resources to rapidly and aggressively enter into these new markets during 2007. “We’re confident this acquisition will enable TouchStone to continue to rapidly grow its business and to positively enhance the continued profitability of the company,” stated Jason K. Raza, President and CEO. “Our internal research and experience indicates there is a growing need for PC users to safely and securely enhance their PC and insure peak performance of their PC at all times”.
"The acquisition of DriverMagic.com will instantly expand and create additional revenue opportunities for TouchStone's DriverAgent on-line device driver update subscription service by exposing DriverAgent to a broader potential customer base and convert existing DriverWizard users to DriverAgent's subscription model" said Jason Raza, president and chief executive officer of TouchStone Software Corporation. "The related technology we acquired with HiJackPro will enable TouchStone to add a spyware application to its growing network of Internet based services in the future”.
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